The firm advises on both up-stream and down-stream aspects of the energy sector, and has worked on transmission and distribution projects, including corporatization of local distribution and exploration companies and their regulation. We advise both foreign and local companies considering entry into the Bangladesh energy market.
We have experience in mergers and acquisitions, project management and establishment and licensing of companies to develop projects. We offer commercial and regulatory advice, negotiate and draft power and gas purchase and sale contracts, independent power generation project implementation agreements, gas/fuel supply agreements for independent power producing (‘IPP’) companies and other energy related agreements. We have expertise in developing tax strategies for gas exploration and power generation companies and assisting clients in the energy industry in raising finance from foreign capital markets. We have advised on compliance issues, exemption applications, regulatory approvals and drafting of safety codes.
Representative transactions/projects in which we have been involved include acting as legal advisers to the public sector oil, gas and mineral corporation on various matters, such as overseeing the natural gas investment market in Bangladesh and advising generators, marketers, distributors and transmitters of electricity and IPPs in Bangladesh on the electricity market rules, market entry process and on the structure and functioning of the electricity industry in Bangladesh. We have advised on various contractual and regulatory issues, restructuring electricity sales contracts, gas supply contracts, refinancing, compliance issues and transmission rate negotiations.
Our clients include those who finance and develop renewable energy projects, undertake gas storage and pipeline projects and expansions or provide gas utilities, as well as end-users.
We have been involved in the drafting of the Gas Act, 2000, the first piece of legislation which provides for regulating the energy market through an independent Commission. We have assisted entities in both electricity and natural gas sectors with import and export licence applications. We have negotiated and drafted a diverse range of agreements regarding power generation, including power purchase and gas supply agreements on behalf of project owners and managers, government agencies, banks, large industrial and other wholesale and retail consumers of energy.
Legal 500, 2008 Edition (http://www.legal500.com) “Dr. Kamal Hossain & Associates has a market-leading projects practice, and the firm enjoys good relationships with a number of international firms, recently working with Norton Rose LLP on a cross-border acquisition in the power sector – an area in which the firm has considerable experience. Meanwhile Latham & Watkins LLP worked with the firm in providing advice to the IFC in relation to the gas-fired Bibiyana project. The firm has also worked closely with the Bangladesh government on some key energy regulatory issues.”